Woodstock, GA Starbucks

$3,602,940.00 asking price

Net Operating Income - $153,125, CAP Rate 4.25%

10+ years remaining on Corporate Guaranteed lease

We are pleased to announce for sale a Starbucks located in Woodstock, Georgia, (part of a four property portfolio selling as individuals or package). The investment contains a corporately guaranteed lease from an investment grade tenant ( S & P Rating AA - ), who has operated at the site since construction in 2007. Starbucks term runs until 2027 and has four, five year option periods with significant 10% rent increases throughout. Starbucks is the largest coffeehouse company in the world, with over 24,000 stores globally, including around 13,000 in the United States, followed by nearly 1,000 in Canada and more than 900 in Japan.

Situated just 25 miles outside of Atlanta. The property is well positioned to take advantage of this growing metropolitan area. Over 140,000 individuals reside within five miles of the property, and the average household income is over $104,000, 22% between $100,000 and $149,000. Within a 5-mile radius Starbucks receives 20,887 expected number of adult visits giving it a 130% of the US average Market Potential Index per Esri, see attached Restaurant Market Potential report. With a traffic count of 34,000 car per day this property has excellent frontage. The site is surrounded by numerous national major retailers including Gamestop, BB&T, Walmart, Wells Fargo and McDonald's.